Two articles straight from beautiful Cornwall in The West Country of UK.
UK’s Cornish Lithium secures $24m in funding from TechMet26 Nov 2021 (Last Updated November 26th, 2021 10:58) Cornish seeks to advance its strategy of establishing a domestic battery metals supply in the country.Share ArticleUK-based exploration and development firm Cornish Lithium has secured up to $24m (£18m) in funding from technology metals investor TechMet to help accelerate UK lithium projects.The long-term investment from TechMet is expected to help Cornish advance its strategy of establishing a domestic battery metals supply in the country.Cornish intends to use the infusion to advance its hard rock and geothermal work streams, as well as fund development plans to at least the end of 2022. The financing will also allow the company to further explore technologies related to direct lithium extraction and refining to optimise lithium recovery in a sustainable and cost-effective manner.Cornish plans to use part of the proceeds to complete several key workstreams related to the Trelavour hard rock lithium project, near St Dennis, St Austell, Cornwall.Subject to shareholder clearance, Cornish Lithium would receive an initial £9m investment, at a subscription price of 13.5p per share.The firm would receive a further £9m from TechMet at 20p per share, upon completion of the Trelavour project’s scoping study, which is due by Q2 2022.Once the scoping study is completed, the company plans to build a beneficiation and hydrometallurgical demonstration plant to refine the metallurgical extraction process. This would inform the design of a commercial production plant.
In Cornwall, ruinous tin and copper mines are yielding battery-grade lithium. Here's what that means. | National Geographic
https://www.nationalgeographic.co.uk/science-and-technology/2021/05/
Here is a really long interesting article from Dec 2020 about Cornish Lithium.
We have family in the area and there are many abandoned mines in Cornwall.
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